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Tinicum Air Freight Inc. will pay an annual dividend of $ 4 . 8 5 a share next year with future dividends increasing by 2

Tinicum Air Freight Inc. will pay an annual dividend of $

4.85

a share next year with future dividends increasing by

2.12

percent annually. What is the stock's Cost of Equity if the stock is currently selling for $

34.57

a share?

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